Social Media

The Chinese commerce ministry’s latest remarks on the TikTok deal in the US signalled acceptance rather than approval, as Beijing “hopes” the arrangement will comply with Chinese laws and strike a balance between rival interests, analysts say. The Chinese Ministry of Commerce, which oversees trade and export controls, declared its position a week after TikTok announced the formation of a joint venture, controlled by a consortium of American investors, that would take over its operations in the...

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

X is where a lot of AI news drops first, it's where new results are trumpeted, and it's where key players like Sam Altman, Yann LeCun, and Gary...

Short-video platform Kuaishou Technology reported a major cyberattack to the police after a breach on Monday evening allowed explicit content to flood high-traffic live rooms for more than an hour. Kuaishou’s live-streaming services were thrown into chaos at around 10pm when recommended feeds were inundated with explicit material, according to news website Sina. Viewership in some compromised rooms surged past 50,000 before the platform launched an emergency response. By 11.30pm, Kuaishou began...

Liza Tobin, managing director at Garnaut Global, says the Trump administration has been lowering the bar on national security concerns related to TikTok as it works to find a deal to keep the app in the US. She joins Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)

The social network is launching podcast previews in a bid to attract more creators to the app

China’s ByteDance, owner of TikTok, has seen its valuation surge to US$500 billion on the private market as it advances a survival plan in the US, up sharply from US$400 billion earlier this year, according to two sources. With the deadline for a sell-or-ban law looming, TikTok CEO Chew Shou Zi informed employees last week that the company had signed a binding agreement to divest its US entity into a joint venture controlled by American investors. “Investors are happy about the deal’s terms as...

Executives and founders were sold on the idea that social media is good for business. But they're learning the hard way that it's not all it's cracked up to be.

Beijing-based ByteDance has raised pay and sweetened incentives as the TikTok owner steps up efforts to retain and attract talent globally, as it makes progress on settling the future of its US business. In an internal letter released to all staff on Friday and seen by the Post, the social media giant said it would lift both the upper and lower limits of compensation packages for staff across all ranks. For its full-year 2025 performance cycle – with reviews starting on January 15, 2026 –...

Dina Powell McCormick, who was a member of President Donald Trump's first administration, has resigned from Meta's board of directors.

Dina Powell McCormick, a former top adviser to President Donald Trump, is stepping down from the board of Meta Platforms Inc. just eight months after she joined.

Bloomberg’s Caroline Hyde discusses the plans for a US-majority-owned TikTok. Plus, former TikTok boss Kevin Mayer shares his thoughts on that deal and the broader media landscape. And Oracle shares rise as the company plays into some of the year's biggest deals. (Source: Bloomberg)

The new joint venture will prevent TikTok from shutting down in the U.S. due to national security concerns.

The new joint venture will prevent TikTok from shutting down in the U.S. due to national security concerns.

TikTok's U.S. operations will be housed in a new joint venture, according to a memo sent to employees by CEO Shou Zi Chew.

The agreement aims to resolve a yearslong standoff between the popular social media platform and the U.S. government over national security concerns tied to China's parent company, ByteDance.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Alexandra S. Levine reports on TikTok’s effort to raise the profile of its creators with a Hollywood-style awards show.

Jeremy Carrasco makes videos under the handle @showtoolsai on TikTok, advocating for AI video literacy and pointing out tells you can look for to see if the videos on your feed are AI generated.

Meta said Tuesday that it will begin testing its Instagram for TV app in the U.S. via Amazon's Fire TV streaming devices.

Meta Platforms Inc.’s Instagram unveiled its first dedicated TV app, which lets users watch the short-form video feature Reels on a larger screen.

Kim Kardashian logged onto TikTok earlier this month and did something new: Tried to sell pajamas, slippers and matching sweat sets like the host of an old-fashioned TV infomercial.

Slop refers to the low-quality content created by artificial intelligence that's showing up across social media.

Reddit filed a legal challenge seeking to either declare the law invalid, or exclude the platform from the provisions of the law

Meta let go of 600 AI employees in October, and former chief AI ... for Apple scoops, consumer tech news and more; Screentime for a front...

From Pop Mart’s Labubus to Shein, Temu and Luckin, Chinese brands have become global consumer favorites and cultural ambassadors. With much of the credit going to TikTok, shoppers are hungry for more. (Source: Bloomberg)

The news that has trickled out has skewed negative. Some new hires from Meta Superintelligence Labs have departed within weeks of arriving. In October...

US President Donald Trump’s top trade negotiator said he’s concerned by the European Union’s follow-through on pledges to regulate American tech giants fairly, just days after Elon Musk’s X social network was slapped with a €120 million ($140 million) fine for violating the EU’s controversial content-moderation law.

Nextdoor Holdings Inc. shares surged as much as 49% early Wednesday, the most in over four years, as the man behind the retail-driven rally in names like Opendoor Technologies and Better Home & Finance Holding Co. took a bullish stance on the neighborhood social media app.

Mark Zuckerberg is getting personally involved in day-to-day work and pivoting Meta Platforms Inc.’s focus to an artificial intelligence model it can make money from. Ed Ludlow reports on Bloomberg Television. (Source: Bloomberg)

Meta Platforms Inc.’s Mark Zuckerberg, months into building one of the priciest teams in technology history, is getting personally involved in day-to-day work and pivoting the company’s focus to an artificial intelligence model customers pay to use.